HONG KONG, China - Media OutReach - 13 December 2017 - CIFI Holdings (Group) Co. Ltd.
("CIFI" or the "Group", HKSE: 884), one of the Top 20 Real
Estate Developers in China, announces that the Group successfully issues US$300 million senior perpetual capital
securities at a distribution rate of 5.375%
per annum. The net proceeds from the issue will be used to refinance its
existing indebtedness.

Headquartered in Shanghai, CIFI is one of China's top 20
real estate developers. CIFI principally focuses on developing high-quality
properties which target the end-users in first-, second- and third-tier cities
in China. CIFI develops various types of properties, including residential
flats, office buildings and commercial complexes.

To
learn more about the Company, please visit CIFI's website at: http://www.cifi.com.hk